Mr Fuenmayor has referred his Decision Notice to the Upper Tribunal where he and the FCA will present their cases. Any findings in the Decision Notice are therefore provisional and reflect the FCA’s belief as to what occurred and how it considers his behaviour should be charac...

The Securities and Futures Commission (SFC) today issued a revised circular to broaden the range of listed structured funds to include Single Stock Leveraged and Inverse (L&I) Products referencing highly liquid Hong Kong-listed mega-cap stocks (Note 1).

The amendment is expected to become fully effective from 30 June 2026, marking a significant shift in how UK businesses must approach customer due diligence, enhanced due diligence (EDD), and cryptoasset compliance.

Singapore, 20 May 2026 … In two separate cases, Mr Tan Chun Yong (Mr Tan) and Mr Xie Jianfeng (Mr Xie) were convicted and sentenced on 19 May 2026 to 10 weeks’ imprisonment[1], and to a fine of $200,000 respectively, for trading offences under the Securities and Futures Act (SFA). Mr Tan: Conviction for abetting false trading, and unauthorised trading 2 Between 4 November 2014 and 8 September 2015, Mr Tan, then a trading representative with OCBC Securities Pte Ltd, intention

Singapore, 20 May 2026… The Monetary Authority of Singapore (MAS) has revoked the Major Payment Institution Licence of Bsquared Technology Pte Ltd (BSQ) with effect from 14 May 2026. BSQ is no longer permitted to provide digital payment token services in Singapore under the Payment Services Act 2019 (PS Act) from the same date. 2. BSQ was licensed on 1 January 2025 to carry on digital payment token services. MAS’ onsite inspection of BSQ in 2025 uncovered serious breaches by

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) has received enquiries from the public regarding fraudulent websites and investment projects purporting to be related to the HKMA: A fraudulent website with the domain name gw.dgehkde[.]com, purporting to be the HKMA's official website, utilises a fake press release to lure members of the public into downloading a fraudulent mobile application containing the nam

London, June 1, 2026 — Wise Plc, the UK-based international money transfer platform and prominent player in London’s fintech landscape, has confirmed it is under investigation by Belgian authorities over concerns regarding its anti-money laundering (AML) controls, sending the company’s shares tumbling sharply in early trading. Investigation Details and Scope The Brussels Public Prosecutor’s Office opened a judicial investigation into Wise Europe, the company’s Belgium-based E

ZURICH — The Swiss Finance Ministry has formally appealed a Federal Criminal Court ruling that overturned a 100,000 Swiss franc ($127,000) fine imposed on Lara Warner, the former chief compliance officer of Credit Suisse, for failing to report suspected money laundering linked to Mozambique’s hidden debt scandal. The appeal marks a significant escalation in Switzerland’s ongoing efforts to enforce anti-money laundering (AML) obligations against senior banking executives, even